Beating the stock market has become even harder
"Beating the stock market has become even harder"
Only 16% of hundreds of advisers outperformed the Wilshire 5000 last year
By MARK HULBERT
The stock market is no easier to beat today than it’s ever been.
If anything, it may be more difficult.
In 2014, only 15.6% of the several hundred advisers monitored by the Hulbert Financial Digest did better than the broad stock market, as measured by the Wilshire 5000 Index. Five years ago, the proportion stood at 33.1%.
It's important for us at any time to be reminded of how hard it is to beat the market, but especially in light of recent fund-flow data showing that the Vanguard Group, the largest index-fund provider, received $216 billion in new money last year. According to the Wall Street Journal, that sum represents a record not just for Vanguard, but for any mutual fund company ever.
Keep reading Beating the stock market has become even harder – MarketWatch.
